Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

CCPX vs YXI: which held to its multiple?

Over three months against its own daily promise, CCPX finished 2.4 points short and YXI 1.0 points over.

Corgi China 2x Daily ETF and ProShares Short FTSE China 50, side by side, leveraged ETFs on ETFIQ.

−6.3%CCPX returned, 3 months
+1.7%YXI returned, 3 months
−3.2 ptsCCPX from its stated multiple
+0.2 ptsYXI from its stated multiple

ETFIQ Decay Resistance Score: CCPX scores higher

Did it keep up with its own daily multiple, compounded day by day?

CCPX 56.1YXI 26.90.1, the lowest in this set99.9, the highest

A percentile among the 391 leveraged ETFs, long, over three months. It is a position in a set, not a rating, and neither end of it is a recommendation. All leveraged ETFs ranked by it · How it is computed

CCPX3.2 pts short of its label · 3 months to Sep 11, 2026
FXI −1.5% ×2 implies−3.1%CCPX returned−6.3%FXI −1.5% ×2 implies−3.1%CCPX returned−6.3%
YXIOn its stated multiple · 3 months to Sep 11, 2026
FXI −1.5% ×1 implies+1.5%YXI returned+1.7%FXI −1.5% ×1 implies+1.5%YXI returned+1.7%

Performance, window by window

CCPX and YXI over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnMultiple would giveDifference
CCPXYXICCPXYXICCPXYXI
1 month−5.4%+2.5%−4.2%+2.1%−1.2 pts+0.4 pts
3 months−6.3%+1.7%−3.1%+1.5%−3.2 pts+0.2 pts
6 monthsnot published+5.9%not published+4.1%not published+1.8 pts
1 yearnot published+18.0%not published+13.8%not published+4.2 pts
3 yearsnot published−28.7%not published−36.3%not published+7.6 pts
Since launch−8.0%−74.2%−4.5%−23.4%−3.5 pts−50.8 pts
Open the live comparison on ETFIQ
CCPX and YXI on the same fields, as of Sep 11, 2026. Source: ETFIQ.
CCPX
Corgi China 2x Daily ETF
Aims to return twice the daily move of ISHARES CHINA LARGE-CAP ETF (FXI)
YXI
ProShares Short FTSE China 50
Aims to return 1 times the opposite of the daily move of ISHARES CHINA LARGE-CAP ETF (FXI)
IssuerCorgiProShares
Sets out to return+2x-1x
OnFXIFXI
Segmentcountrycountry
Fund returned, 3 months−6.3%+1.7%
Underlying returned, 3 months−1.5%−1.5%
What the stated multiple implies, 3 months−3.1%+1.5%
Difference from stated, 3 months−3.2 pts+0.2 pts
Fund returned, 1 year or since launch−8.0%+18.0%
Difference from stated, over that window−3.5 pts+4.2 pts
Underlying volatility18%18%
Difference over the days both have traded−3.2 ptsno shared window
Expense ratio0.45%not published
LaunchedJun 3, 2026Mar 18, 2010

CCPX in plain words

Three months to Sep 11, 2026: CCPX returned −6.3% where its own daily promise gave −3.9%, 2.4 points short. Read the multiple against the whole window instead and +2 times FXI's −1.5% implies −3.1%, which makes CCPX look 3.2 points short. 0.8 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. CCPX aims to return +2 times FXI's move each day, then resets. Over one day it does that. Over longer, the daily results compound, so the total is not +2 times the period's move: in a market that falls and comes back it is reliably less, and in a steady run it can be more. FXI moved at 18% annualized over that window. That is what decides how far the two figures separate: the same fund on a calm underlying and a violent one is a different product.

YXI in plain words

Three months to Sep 11, 2026: YXI returned +1.7% where its own daily promise gave +0.7%, 1.0 points over. Read the multiple against the whole window instead and −1 times FXI's −1.5% implies +1.5%, which makes YXI look 0.2 points over. 0.8 of that is daily compounding, which happens to any −1 times fund over the same path, and the rest is the fund. YXI aims to return -1 times FXI's move each day, then resets. Over longer, the daily results compound, so the total is not -1 times the period's move: in a market that falls and comes back it is reliably less, and in a steady run it can be more.

Questions people ask

Which came closer to its stated multiple, CCPX or YXI?
Over the window to Sep 11, 2026, CCPX finished 3.2 points from what its multiple implies and YXI finished 0.2 points from its own, so YXI came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
Are CCPX and YXI levered on the same thing?
Yes. Both are levered on ISHARES CHINA LARGE-CAP ETF, CCPX at +2 times and YXI at -1 times the daily move.
Which one decays faster, CCPX or YXI?
Decay follows how much the underlying moves about. Over this window CCPX’s moved at 18% annualized and YXI’s at 18%, so CCPX has the rougher ride and, at the same multiple, loses more to compounding.
Can I hold CCPX or YXI for a year?
Both reset every day, so the multiple in the name applies to a single day and the daily results compound. Over a year the total is not the multiple times the year’s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way.

Other comparisons

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

CCPX against YXI, ETFIQ, data as of Sep 11, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, CCPX against YXI, data as of Sep 11, 2026. https://etfiq.com/compare/leverage/CCPX-YXI Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources